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house-price-to-income ratio

Dec 7, 2021

Surprising new data on America’s house-price-to-income ratio crisis

A new report by Real Estate Witch has uncovered a disturbing trend: Since the 1960s, wages have been more or less flat while home prices have more than doubled, outpacing household income since the 2008 financial crisis by three times. This trend is making things increasingly tough—and maybe impossible—for buyers.